Md Jashim Uddin, a representative of the Bangladesh Plastic Goods Manufacturers and Exporters Association, has been elected president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for 2021-23.

Singer Bangladesh has commenced manufacturing washing machines at its Savar plant that has a capacity to produce 420,000 units per year.

The government may allocate Tk 225,324 crore to implement development projects in the next fiscal year, which is 14 per cent higher than that in the revised budget.

The government should provide cash support to the poor and the low-income groups to protect their consumption and boost domestic demand as the socio-economic impact of the pandemic will linger for them, said the Citizen’s Platform for SDGs, Bangladesh yesterday.

Myanmar’s military rulers have approved new investment in projects worth nearly $2.8b, including a liquefied natural gas (LNG) power plant that will cost $2.5b, the country’s investment body said.

Oil edged up slightly on Friday even as the Covid-19 crisis in India worsened, and prices notched a second weekly gain against the backdrop of optimism over a global economic recovery.

German Chancellor Angela Merkel on Saturday urged the United States to export coronavirus vaccines made on its soil, as she rejected a patent waiver call from Washington for the jabs.

Ford Motor Co is recalling nearly 617,00 Explorer sport utility vehicles in the United States at the request of regulators because retention pins could loosen and allow roof rail covers to detach from the vehicle.

All 24 directors are going to be elected uncontested in the biennial election of the Chittagong Chamber of Commerce and Industry (CCCI) scheduled to be held on June 10.

Speakers during an online pre-budget consultation today demanded the reflection of ‘holistic approach’ with inter-ministerial collaboration in the upcoming national budget for migrants’ welfare.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today launched its new 13-floor building and announced that it would be turned into a Covid-19 hospital.

The government today asked the garment factory owners to clear the payments of workers’ salaries, bonuses and other dues by tomorrow so that the workers can enjoy the Eid-ul-Fitr.

Md Jashim Uddin has been elected as the new president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the 2021-23 tenure.

Workers have attacked and vandalised four garments factories in Dhaka’s Mirpur-14 area, demanding full bonus and 10-day Eid holiday.

The benchmark index of the Dhaka bourse hits three-month high today thanks to the increased participation of high net-worth investors.

To share the blessings of Ramadan with clients and the community, Standard Chartered has provided over 7,000 meals to families who lost their livelihoods due to adverse impact of Covid-19. The meals have been shared on behalf of the bank’s clients in the spirit of the holy month.

Mobile financial service providers are taking an additional Tk 1.5 from the clients by charging Tk 20 instead of Tk 18.50 as cash-out fee for every Tk 1,000, telecom experts said today.

PHP Family, one of the largest industrial conglomerates in the country, has provided 11 bonuses equal to the basic salary to each of its 10,000 employees on the occasion of Eid-ul-Fitr this year.

Energypac Power Generation yesterday inaugurated an industrial park in a bid to export locally manufactured generators, enhance its current manufacturing capacity and assemble eco-friendly electric commercial vehicles.

The government may keep its tax collection target unchanged for the National Board of Revenue in the next fiscal year because of the devastating effect of the coronavirus pandemic on the economy.